By: SOURAV MISHRA OF DOW JONES NEWSWIRES
Source: http://online.wsj.com
Industrial & Commercial Bank of China is looking at funding Chinese companies keen on investing in India's power, telecom and infrastructure sectors through its maiden India branch.
ICBC may also help Indian firms raise yuan-denominated bonds, Yang Kaisheng, the bank's president told reporters at a press conference.
The first Chinese bank to start operations in India, ICBC will start with corporate banking and later roll out investment, private and personal banking services.
source: http://online.wsj.com/article/SB10001424053111904060604576573040102832386.html
Source: http://online.wsj.com
Industrial & Commercial Bank of China is looking at funding Chinese companies keen on investing in India's power, telecom and infrastructure sectors through its maiden India branch.
ICBC may also help Indian firms raise yuan-denominated bonds, Yang Kaisheng, the bank's president told reporters at a press conference.
The first Chinese bank to start operations in India, ICBC will start with corporate banking and later roll out investment, private and personal banking services.
source: http://online.wsj.com/article/SB10001424053111904060604576573040102832386.html
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